The beginning of this month is very special for BTA. 1 November is an important date for BTA, as on this very day 23 years ago, in 1993, the company was established, and now they are making a step into a new age – and 2 November is the date when they are officially registering their company’s new name in Latvia.
The Register of Enterprises of Latvia has registered the new company name on November 2, 2016.
Balcia Insurance SE will continue to develop its activities in Europe, they already have branch offices in France, Germany, Poland and the UK, as well as operating under the EU’s Freedom of Services (FoS) principles in Italy and Spain, while their headquarters remain in Riga.
Legal liability, licences, the registration number, the address, the contacts, and bank details remain the same, and as for insurance policies or clients and contracts with partners signed under the BTA Insurance Company SE name – nothing changes, they are fully in force.
There is going to be a transition period, during which preparing documents and informing the respective supervising authorities will be officially completed in the countries they operate in. It will take time to receive all the necessary permits and confirmations from the local institutions, and after that they will present their new visual identity, announce new websites and inform about new email addresses.
